AX-UN:CA:TSX-Artis Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Diversified |

Last Closing

CAD 8

Change

+0.01 (+0.13)%

Market Cap

CAD 0.83B

Volume

0.11M

Analyst Target

CAD 10.67
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate. Address: 600 ? 220 Portage Avenue, Winnipeg, MB, Canada, R3C 0A5

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for REIT - Diversified

Symbol Name Price(Change) Market Cap
HR-UN:CA H&R Real Estate Investment Tru..

+0.11 (+0.96%)

CAD 3.21B
CRR-UN:CA Crombie Real Estate Investment..

+0.10 (+0.63%)

CAD 2.91B
AX-PI:CA Artis Real Estate Investment T..

+0.10 (+0.48%)

CAD 1.44B
MRT-UN:CA Morguard Real Estate Investmen..

+0.04 (+0.70%)

CAD 0.36B
MR-UN:CA Melcor Real Estate Investment ..

N/A

CAD 0.14B
MPCT-UN:CA Dream Impact Trust

+0.01 (+0.25%)

CAD 0.07B
AX-PE:CA Artis Real Estate Investment T..

-0.10 (-0.48%)

N/A

ETFs Containing AX-UN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.66% 88% B+ 78% C+
Dividend Return 3.02% 71% C- 66% D+
Total Return 23.68% 75% C 81% B-
Trailing 12 Months  
Capital Gain 21.77% 75% C 61% D-
Dividend Return 3.04% 43% F 54% F
Total Return 24.81% 50% F 62% D
Trailing 5 Years  
Capital Gain -36.96% 60% D- 11% F
Dividend Return 9.91% 40% F 40% F
Total Return -27.05% 60% D- 12% F
Average Annual (5 Year Horizon)  
Capital Gain -5.79% 50% F 10% F
Dividend Return -3.47% 63% D 12% F
Total Return 2.32% 50% F 62% D
Risk Return Profile  
Volatility (Standard Deviation) 28.55% 38% F 31% F
Risk Adjusted Return -12.16% 50% F 21% F
Market Capitalization 0.83B 57% F 66% D+

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector